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Sept dollar inflows beat estimates

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Migrant workers sent a near-record amount of money home to their families in September, beating official estimates as more jobs opened abroad up for Filipinos.

Posted: November 18th, 2014 in Headlines | Read More »

RCBC sees full-year rise of remittance business

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RCBC1

Rizal Commercial Banking Corp. (RCBC) sees its remittance business growing by 8 percent by yearend as the bank aggressively lures Filipinos working abroad to tap new channels such as prepaid cards.

Posted: November 13th, 2014 in Latest Business Stories | Read More »

BPI opens office in Japan

SCREENGRAB from www.bpiexpressonline.com

Bank of the Philippine Islands is expanding its East Asian operations with the opening of a representative office in Japan, one of the top sources of remittances to the Philippines.

Posted: November 1st, 2014 in Headlines,Latest Business Stories | Read More »

OFWs key to developers’ success

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Personal remittances from Filipinos abroad already reached $12.7 billion (P570.2 billion) in the first six months of the year, a 6.2-percent improvement from the $11.9 billion (P534.3 billion) posted in the same period last year. With such remittances attaining sustainable growth, homebuilders in the low- and middle-income segment are expecting a strong performance in the next several months.

Posted: November 1st, 2014 in Inquirer Features,Property Guide | Read More »

August remittances surge amid OFW demand

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INQUIRER.net FILE PHOTO

Cash sent home by migrant workers continued to rise at a better-than-expected rate in August as demand for Filipino labor remained strong overseas.

Posted: October 16th, 2014 in Headlines | Read More »

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